The Rise In Aging-In-Place Technology

Did you know that the US population of residents 65 and older will grow 36 percent over the next decade? That’s more than four times the rate of the general population. To accommodate this growing segment of senior homeowners, new advances in technology are hitting the market that will enable them to live independently (and safely) in their own homes as they age.

Advances that allow aging seniors to remain at home are especially important not only because home health care is a more cost-efficient option than nursing facilities but it also helps families avoid the painful process of moving aging parents into nursing homes.

For instance, remote monitoring and communication devices are now available that allow family members to track the activities of elderly parents or relatives from any location. Sensors are installed on keys, microwaves and other objects in the home that can access movement through digital portals.

According to AARP, the aging-in-place technology market is expected to rise from $2 billion to $20 billion by 2020.

Hopefully, these advances in technology along with the growing trend towards universal design in the remodeling industry will offer new options and increased independence for senior homeowners and their caregivers who prefer not to move to an adult community or nursing home.